4, WATERSMEET CLOSE, FURZTON, MILTON KEYNES, MK4 1JS - £610,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 WATERSMEET CLOSE is a very large extended detached house of 176m², built sometime between 1983 and 1990. It was last sold for £610,000 in January 2021, which was around 36% above the average January 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.

4 WATERSMEET CLOSE Sold Prices

Land registry data shows five sales for 4 WATERSMEET CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. The five 4 WATERSMEET CLOSE sales were a mix of above the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 5 JAN	£610,000	£449,211	36% above HPI
2014 4 JUL	£465,000	£330,178	41% above HPI
2004 28 MAY	£250,000	£240,853	4% above HPI
2003 21 JUL	£225,000	£224,157	Close to HPI
1996 27 JUN	£105,000	£84,308	25% above HPI

4 WATERSMEET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The five 4 WATERSMEET CLOSE sales between June 1996 and January 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 4 WATERSMEET CLOSE?

4 WATERSMEET CLOSE is 176m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 4 WATERSMEET CLOSE lies on this distribution: 85% of detached houses are smaller than 4 WATERSMEET CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

4 WATERSMEET CLOSE: Plot and Title Map

4 WATERSMEET CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 4 WATERSMEET CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 WATERSMEET CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 WATERSMEET CLOSE?

4 WATERSMEET CLOSE is located in FURZTON, in the MK4 postcode district. The below map shows the position of No. 4 on WATERSMEET CLOSE.